According to a survey performed by Bankrate, we have seen a significant increase to closing costs associated with mortgage originations. On a nationwide average, closing costs have increase 8.8% over the last year. This increase has primarily been attributed to the increased work lenders have to perform in order to approve a mortgage application under the ever tightening lending regulations.

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Joshua Talayka
NAR designated: Short Sale & Foreclosure Resource
Chase International
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985 Damonte Ranch Pkwy, Ste. 110
Reno, Nevada (NV) 89521

 
This post has been included in Nevada Real Estate News
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1 Comments on Higher Closing Costs in Real Estate Transactions

FEB
24
2012
870,787 Points Outside Blog Called Shot Master

Joshua - Thank you for sharing detailed quality information on higher closing costs in real estate transactions.
9:16pm • #1


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